SEI Named “Hedge Fund Administrator of the Year” at the London 2012 Global Investor Awards

New York (HedgeCo.net) – Global Investor magazine has named SEI “Hedge Fund Administrator of the Year” at the 2012 Global Investor Awards, held in London on June 28.

“With the increasing demands being placed on hedge fund managers by their investors, regulators, and the market itself, we’ve worked closely with our clients to enhance and expand our services so that we can provide them with the expertise, technology, and reporting tools to help them protect and grow their business.” Steve Meyer, Executive Vice President and Head of SEI’s Investment Manager Services division said, “Our employees are motivated to produce a world-class offering to our clients, and this independent industry award recognizing their efforts is a testament to what they’ve been able to deliver.”

The judging committee selected SEI in part due to its technology-based solutions for collateral management, NAV disclosure, and pricing and verification. Also noted was SEI’s ability to provide managers of systematic and high-frequency trading strategies with a more automated and scalable infrastructure.

As of March 31, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $428 billion in mutual fund and pooled or separately managed assets, including $189 billion in assets under management and $239 billion in client assets under administration. SEI has been recently recognized by Buy-Side Technology as “Best Fund Administrator,” by Hedge Funds World Middle East as “Best Service Provider,” by Global Investor as “Hedge Fund Administrator of the Year,” and by HFMWeek as “Best Single Manager Hedge Fund Administrator (Over $30B AUA)” in the U.S. and “Best Administrator — Technology Provider” in Europe.